Refund of accumulated input-tax credit limited to amounts reflected in Form GSTR-2B, affecting refund admissibility and procedures. Refund of accumulated input-tax credit under section 54(3) is restricted to credit reflected in Form GSTR-2B for the tax period or earlier periods where credit is available, effective January 2022; prior guidance tied to GSTR-2A/GSTR-1 is modified. The RFD-01 undertaking is retained but revised to remove references to omitted section 42 and Forms GSTR-2/GSTR-3, requiring repayment with interest if clause (c) of sub-section (2) of section 16 is later unmet. Export-related IGST paid may be refunded on subsequent export or realization, but interest paid is not refundable.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Refund of accumulated input-tax credit limited to amounts reflected in Form GSTR-2B, affecting refund admissibility and procedures.
Refund of accumulated input-tax credit under section 54(3) is restricted to credit reflected in Form GSTR-2B for the tax period or earlier periods where credit is available, effective January 2022; prior guidance tied to GSTR-2A/GSTR-1 is modified. The RFD-01 undertaking is retained but revised to remove references to omitted section 42 and Forms GSTR-2/GSTR-3, requiring repayment with interest if clause (c) of sub-section (2) of section 16 is later unmet. Export-related IGST paid may be refunded on subsequent export or realization, but interest paid is not refundable.
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